UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.18 per $10,000 · paid last 24h −0.099%

Price spread now: GMX against Lighter−0.081%7-day average −0.129% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.197%−$20 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now −0.081%, 7d avg −0.129%

Together, before fees−0.197%+ Points / potential airdropLighter: Season 3 · farm board−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.048% dearer against Lighter than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.129%. Mind the row above: over the last 3 days funding on this pair cost −0.197%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter UNI	8.9200	0.0096	pay 0.0012% / 1h	50m 14s	$4.5M	$5.4M	15x
Short	GMX UNI/USD [UNI-USDC]	8.9128	L +0.0381% / S −0.0244%	get 0.0030% / 1h	50m 14s	$634K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee GMXbpOrdersPrice spread, now −0.081%Rate

Funding earned: $31
Price spread: −0.081% → −0.129%: $4.83
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $23.83
Costs to cover: 0.120%
Break-even: 1.6 days

Slippage unknown: Lighter: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 3 min ago	1.24 bp	5.8 bp −$6	13.3 bp −$133	76.9 bp −$7,690	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado UNI-PERP	−0.0235%	1h	8.9070	−0.146%	$794K	$4.7M	10x	as long as short
01 Exchange UNIUSD	−0.0088%	1h	8.9063	−0.154%	$444	$5	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9115	−0.095%	$4.8M	$8.4M	50x	as long as short
dYdX UNI-USD	0.0000%	1h	8.9009	−0.214%	$234K	$31K	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9141	−0.066%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.009%	$660	$153K	12x	as long as short
Lighter UNIlong	+0.0096%	1h	8.9200	long leg	$4.5M	$5.4M	15x
Paradex UNI-USD-PERP	+0.0100%	8h	8.9015	−0.208%	$25K	—	20x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9200	0.000%	$95.1M	$66.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9105	−0.106%	$761K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9020	−0.202%	$287K	$610K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9068	−0.148%	$216.6M	$658.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9030	−0.191%	$99.6M	$112.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9050	−0.168%	$53.9M	$264.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9110	−0.101%	$331K	$684K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9110	−0.101%	$23.6M	$64.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9080	−0.135%	$46.9M	$26.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9120	−0.090%	$13.3M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9070	−0.146%	$32.8M	$46.5M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.9100	−0.112%	—	$57.0M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9154	−0.052%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9009	−0.214%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8705	−0.555%	$168K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8836	−0.409%	$620K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8740	−0.516%	$91K	$704K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9030	−0.191%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9052	−0.166%	$95K	$495K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9090	−0.123%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9043	−0.176%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9070	−0.146%	$25K	$846K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9177	−0.026%	$711K	$5.0M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9080	−0.135%	$27.0M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9056	−0.161%	$284K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9125	−0.084%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0119%	1h	8.9180	−0.022%	$571K	$208K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	8.9150	−0.056%	$932K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9060	−0.157%	$10.0M	$3.6M	75x	as long as short
Reya UNIRUSDPERP	+0.0376%	1h	8.9032	−0.188%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]short	L +0.0381% / S −0.0244%	1h	8.9128	−0.081%	$634K	—	120x
Aftermath Perps UNIUSD	+0.0659%	1h	8.8821	−0.425%	$955	$45K	10x	as long as short